West Ham billionaire shareholder Daniel Kretinsky revealed that he does not expect the club to spend big in the January transfer window. Kreitinsky also owns Sparta Prague and bought a 27 percent stake in the London club earlier this month. He joins when West Ham is fourth in the Premier League and has progressed to the knockouts of the Europa League as group winners. He recently outlined some of his objectives with long-term building priority rather than quick fixes.
“Our investment will bring a positive improvement to the club’s capital structure, initially enabling a reduction of its long-term debt and increasing the ability to further direct funds generated into key areas.” West Ham billionaire shareholder Daniel Kretinsky said. “I hope our business acumen and experience of football will also prove beneficial to West Ham United. We have come to support the club but – so as to manage supporters’ expectations – that doesn’t mean big spending in the January transfer window.”
“I’m hugely impressed by the work of David Moyes and his team who have improved results over a long period of time,” he added. “This gradual evolution is, in my opinion, the most healthy way to build a strong club on a firm basis and with the right attitudes and culture. I speak from experience. We tried to rush the development of Sparta Prague a couple of years ago and the results were disappointing. Improving the quality of the squad is great, of course, but we prefer a gradual way that preserves and protects the ethos of the club and its values, including team spirit.”